Lululemon: Time For Lemonade?

It’s an up day for the market, but a dog of a down day for Lululemon Athletica ( LULU ). The shares have plunged 23.5% today to $50.68 a share after the yoga apparel maker’s missing earnings forecasts and offering disappointing guidance. But Mizuho Securities analyst Betty Chen says it tome to buy the stock, calling it “a better house in a tough neighborhood.” In fact, she cited five reasons why the company may deliver result that beat its own guidance.